Myanmar’s military removes central bank chief.
(asia.nikkei.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (74)
sorted by:
I found my own answer: "TOKYO -- As news of the military coup in Myanmar reached the halls of the Bank of Japan, staff raced to gather information about the ongoing developments.
"They have apparently kicked out the central bank governor as well." The shocking news was passed up the command chain at the head office in Tokyo's Nihonbashi district.
The Bank of Japan, like most central banks around the world, is watching carefully, to see how the military leaders could affect bilateral and regional cooperation on monetary policy and financial stability."
Source: https://asia.nikkei.com/Spotlight/Myanmar-Coup/Myanmar-coup-removes-central-bank-chief-alarming-global-financiers
I found this part to be particularly enlightening:
I wonder if the Central Bank of Myanmar has ties to other foreign banks as well?